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Reliable income in 2020! Triple Point Social Housing REIT plc was tipped to hold by Questor. According to Richard Evans, Questor Editor of The Telegraph, “We expect the trust to remain a reliable generator of dividends.”
To meet the significant demand for specialised supported housing in the UK, Triple Point Social Housing REIT Plc (ticker: SOHO) uses private capital to fund the development of newly-built or newly-renovated housing for people with long-term care needs including learning disabilities and physical disabilities.
Despite the wider economic turbulence, SOHO received 100% of its rent in the first half of this year by investing in desperately needed new housing for individuals whose rent is funded by government. All dividends have been paid in line with targets.
Read the article in the Telegraph here